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Portugal shares lower at close of trade; PSI 20 down 1.08%

Published 24/03/2016, 17:45
© Reuters.  Portugal shares lower at close of trade; PSI 20 down 1.08%
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Investing.com – Portugal equities were lower at the close on Thursday, as losses in the Financials, Consumer Services and Utilities sectors propelled shares lower.

At the close in Lisbon, the PSI 20 declined 1.08%.

The biggest gainers of the session on the PSI 20 were Montepio (LS:MPIO), which rose 5.17% or 0.030 points to trade at 0.610 at the close. Corticeira Amorim (LS:CORA) added 3.50% or 0.229 points to end at 6.779 and Portucel (LS:PTI) was up 1.90% or 0.0620 points to 3.3320 in late trade.

Biggest losers included Banco Comercial Portugues (LS:BCP), which lost 3.60% or 0.0016 points to trade at 0.0428 in late trade. Pharol SGPS SA (LS:PHRA) declined 3.55% or 0.0050 points to end at 0.1360 and Sonae Capital (LS:SONAC) shed 2.10% or 0.0130 points to 0.6060.

Declining stocks outnumbered rising ones by 33 to 15 and 3 ended unchanged on the Lisbon Stock Exchange.

In commodities trading, Brent oil for May delivery was down 0.37% or 0.15 to $40.32 a barrel. Meanwhile, Crude oil for delivery in May fell 0.88% or 0.35 to hit $39.44 a barrel, while the April Gold contract fell 0.20% or 2.50 to trade at $1221.50 a troy ounce.

EUR/USD was down 0.05% to 1.1175, while EUR/GBP fell 0.48% to 0.7884.

The US Dollar Index was up 0.07% at 96.13.

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